论公有资本控股的可能性和实现途径

Arguing against the shareholding system dominated场public capital means rejecting the possibility of effective combination between public owerships with market economy.Hrnvever, the system should not be blamed for the fiil of those trial firms, the fundamental reason causing this system fiiled is due to the governments' s playing as both owners and administrators.The correct way is to establish the specialized public capital management authorities, functionally separated from the government administration. Depending on such kind of specialized public capital management authorities, the shareholding system dominated场public capital may be effective and successfl.